Bloomington, IN — income, home value, property tax, and sales tax.
ZIP code 47406, within Bloomington, reports a per-capita income of just $4,336 — a figure that reflects the area's student-heavy makeup rather than a conventional household wage. With earnings at that level, everyday spending carries real weight, and the 7.00% combined sales tax adds to the cost of each purchase. Property taxes in the county run at an effective rate of 0.71%, a rate that matters mainly to owners rather than the many renters here. Any budget in this ZIP has to stretch carefully, since housing and sales taxes together claim a meaningful share of limited income.